Insane in the Brain..
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Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked{quote} Its is impossible to know whether price will go up or down you just need to find some pattern which will shift odds to your favor. Applying techniques in spot FX is a very different ball game ,price manipulation ,government inference ,hedging requirements and the list goes on. Certainly long term horizons based on firm fundamentals can be traded in this longer term trend, but for intraday trading we need a totally different approach. We get caught up in the illusion trying to establish trend all the prevalent time horizons do nothing but...Ignored
Disliked{quote} Congrats for your good trade. By now, I started to understand how you actually trade, even though, never posted a chart. This is my take on how you handle your trade. If I miss anything, please share the missing secret here for everyone benefit. Sometimes, you use straddle method. You never create strong bias in your mind instead, approach it like this: Perhaps price might move one way, and if so, what could I stand to win/lose?. Strong bias will make it hard to admit you were wrong and holding to the losses for prolonged period....Ignored
Disliked{quote} Pretty much sums it up but I'll try to give an example:- If you try to predict a flip of a coin, over a period of time, at some stage your predictions would be 50/50, sometimes wrong more than right and sometimes right more than wrong, when I'm right is when I bank the money, just playing the averages game, but also play both at the same time heads and tails, hope this makes sense tried to keep it simple as there is more to it, or I could be a............... {image}Ignored
Disliked{quote} Keriss, this guy look like you. Your cousin ? brother ? {image}Ignored
Disliked{image} my imagination , lets see if expectation same or more complicatedIgnored
Disliked{image} my imagination , lets see if expectation same or more complicatedIgnored
DislikedDivergence , Fibo 61.8 Ratio, Round number 1.3900 It must be down for at least 45 pips {image}Ignored
DislikedSold at 1.3892, no stop and target at the moment ... Will wait for further clarity.Ignored
Disliked{quote} Hi Kriss , how about using the BO/RT concept here as price is making HH/HL It is with high percentage, a perfect breakout being a continuation of the trend, but we're going into this with a neutral bias. (or as neutral as a human can be.) As for rules, right now I typically try to wait until a retest of the breakout. Let the price determine the rules for now on.....assuming there is enough of a difference in results..... I personally have found waiting on a retest of former support (of a breakout) on a larger time frame works better. (4...Ignored